KEGOC JSC key events in 2023
January 6
A positive conclusion was received on the environmental impact of the project to strengthen the network of the Southern zone of the UPS of the Republic of Kazakhstan
January 12
KEGOC JSC paid dividends on common shares based on the results of the first half of 2022
February 9
Fitch Ratings has confirmed the rating of KEGOC JSC at the level of ‘BBB-’ the forecast is ‘stable’
February 17
According to the results of the KASE competition, KEGOC JSC became the winner in the nominations ‘Best design of the annual report’ and ‘Best interactive version of the annual report’
March 7
KEGOC JSC summed up the results of the traditional competition for the best innovation proposals
March 14
Standard & Poor’s Global (S&P Global) has confirmed the rating of KEGOC JSC at the level of BB+, raising the forecast from ‘negative’ to ‘stable’
March 31
The successful placement of ‘green’ bonds of KEGOC JSC on the KASE trading platform with a total volume of KZT 16.9 billion with a weighted average yield to maturity of 19.51% per annum
April 1
KEGOC JSC updated the Development Plan (Strategy) of KEGOC JSC for 2023-2032
April 17
KEGOC JSC has started implementing a project to modernize the dispatcher hardware and software complex — an automatic data collection and operational control system (SCADA/EMS)
April 21
At the public hearings, Reports were presented on the implementation of the approved tariff estimates, on the implementation of the approved investment program, on compliance with quality and reliability indicators of regulated services and achievement of performance indicators of natural monopoly entities to consumers and other interested parties by the end of 2022
May 2
The Annual General Meeting of Shareholders of KEGOC JSC was held following the results, at which the financial statements of KEGOC JSC for the year 2022 ended December 31, 2022, the procedure for distributing net income, the amount of the dividend per common share of KEGOC JSC for the second half of 2022 were approved, and a decision was made to pay dividends on common shares of the company, as well as amendments and additions to the Regulations on the Board of Directors of KEGOC JSC, as well as the issue of appeals from shareholders to the actions of KEGOC JSC and its officials and the results of their consideration
May 17
S&P Global has confirmed KEGOC’s rating at BB+ with a stable outlook
May 31
KEGOC JSC paid dividends based on the results of the second half of 2022
June 7
KEGOC JSC received the Green Finance Awards 2023 award
June 8
KEGOC JSC has started the practical implementation of a project to strengthen the electric grid of the Southern zone of the Republic of Kazakhstan in cooperation with the Asian Development Bank
June 15
A Forum of veteran power engineers of the Republic of Kazakhstan and the CIS was held with the participation of heads of electric grid companies and representatives of sectoral government agencies
July 20
KEGOC JSC has completed construction and installation work on two sections of the 220 kV transit under construction in the Western Region
July 27
Public hearings of Reports on the execution of the approved tariff estimates, on the execution of the approved investment program, on compliance with quality and reliability indicators of regulated services and achievement of performance indicators of natural monopoly entities to consumers and other interested parties based on the results of the 1st half of 2023 were held
July 31
An extraordinary General Meeting of Shareholders of KEGOC JSC was held, at which it was decided to appoint Nabi Aitzhanov as Chairman of the Board of KEGOC JSC
August 3
Implementation of the ‘Single Buyer of Electric Energy’ mechanism
August 4
KEGOC JSC has implemented a centralized emergency control system (CSPA). The system ensures the reliability of the NPG in real time and minimizes disconnections of consumers in case of disruptions in the operation of the power grid
August 17
KASE hosted the Day of the issuer of KEGOC JSC. During the meeting, investors, professional participants in the securities market and media representatives got acquainted with the results of the Company’s activities for the first half of 2023
August 22
KEGOC JSC took part in the 62nd meeting of the CIS Electric Power Council
August 25
The independent rating agency S&P Global has assigned KEGOC JSC an ESG rating of S&P Global CSA Score 2023 at the level of 51/100
August 29
- Nabi Aitzhanov, Chairman of the Management Board of KEGOC JSC, met with representatives of the Asian Development Bank. The parties discussed the current status of the project ‘Strengthening the electric grid of the Southern zone of the UPS of the Republic of Kazakhstan’, as well as promising areas of cooperation in the field of electric power industry
- A round table on the topic ‘Problems of integration and dispatching of renewable energy generating facilities: experience, barriers and opportunities to improve planning efficiency’ was held at the KEGOC JSC site
August 31
Chairman of the Board of KEGOC JSC Nabi Aitzhanov took part in the II Conference on Kazakh-Chinese Cooperation on the development of renewable Energy and Science in the Republic of Kazakhstan
September 15
A special General Meeting of Shareholders of KEGOC JSC was held, at which it was decided to increase the number of declared shares of the Company by 15,294,118 ordinary shares, in connection with which the total number of declared shares of KEGOC JSC will amount to 275,294,118 ordinary shares
September 21
- In the cities of Aktobe and Atyrau, KEGOC JSC held open public hearings as part of the development of a feasibility study (FS) of a promising project ‘Combining the energy system of Western Kazakhstan with the UPS of the Republic of Kazakhstan. Construction of electric grid facilities’. The meetings were held with the participation of representatives of local executive bodies of the relevant administrative-territorial units
- Chairman of the Management Board of KEGOC JSC Nabi Aitzhanov visited the branch of Zapadnye MES in Atyrau. During the working trip, the head of KEGOC JSC met with the staff of the production branch, where development prospects, production plans, as well as a vision for the further implementation of the Company’s social policy were announced
September 26
A special General Meeting of Shareholders of KEGOC JSC was held, at which the financial statements of KEGOC JSC as of and for the six months ended June 30, 2023, the procedure for distributing net income, the amount of the dividend per common share of KEGOC JSC for the first half of 2023 were approved, and a decision was made to pay dividends on ordinary shares of the Company, the issue of placement within the declared number of ordinary shares of KEGOC JSC, on amendments to the Regulations on the Dividend Policy of KEGOC JSC, on amendments to the Charter of KEGOC JSC was considered
September 27
The General Meeting of Shareholders of KEGOC JSC decided to hold an SPO
October 3
Astana International Exchange (AIX) has approved the prospectus for the issue of securities of KEGOC JSC
October 5
The Public Council of Samruk-Kazyna JSC heard information on the progress of preparation of KEGOC JSC and Samruk-Energy JSC for the autumn-winter period 2023-2024
October 6
- The Committee for Atomic and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan issued JSC KEGOC a passport of readiness for work in the autumn-winter period 2023-2024
- KEGOC JSC has launched a roadshow in the cities of Kazakhstan within the framework of the annual fair of Kazakhstani brokers KASE FEST. Pavlodar became the first city, potential investors were told about why buying shares of KEGOC JSC is a profitable investment
October 10
From October 2 to 5 of this year, KEGOC JSC hosted competitions of electrical maintenance crews for overhead lines (OHTL) at the training ground at the 500 kV Almaty substation of the Almaty branch of KEGOC JSC (Almaty region, Zhambyl district)
October 13
KEGOC JSC received a positive opinion on the environmental impact of the project to combine the energy system of Western Kazakhstan with the UPS of the Republic of Kazakhstan
October 16
The collection of applications from new investors within the framework of the SPO of KEGOC JSC, conducted on KASE and AIX, has started
November 8
Samruk-Kazyna JSC and KEGOC JSC reported on the results of the SPO of KEGOC JSC on the KASE and AIX exchanges, which took place from September 28 to November 2, 2023
November 9
Nabi Aitzhanov, Chairman of the Board of KEGOC JSC, met with leading experts of the World Bank on bilateral cooperation in the field of energy
November 10
A solemn ceremony of launching secondary trading in shares of KEGOC JSC placed within the framework of the SPO took place on the AIX exchange
November 20
KEGOC JSC hosted a visiting meeting of members of the Committee on Ecology and Environmental Management of the Mazhilis of the Parliament of the Republic of Kazakhstan headed by Deputy Chairman of the Mazhilis of the Parliament of the Republic of Kazakhstan Albert Rau
November 24
KEGOC JSC took part in the international intersystem emergency response training for dispatchers at the System Operator Personnel Training Center in Moscow
November 29
The launch of new power lines built to strengthen the electric network of the Western zone of the Republic of Kazakhstan took place in Atyrau region
November 30
Moody’s Investors Service (Moody’s) has confirmed the rating of KEGOC JSC at the level of ‘Baa2’, raising the outlook from ‘stable’ to ‘positive’
December 4
An agreement was signed in Beijing between KEGOC JSC and China Power International Development Limited on the implementation of a Pilot project for the introduction of an electric power storage system in the UPS of the Republic of Kazakhstan
December 14
KEGOC JSC paid dividends on common shares based on the results of the first half of 2023